Cullen Frost Bankers Inc. Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cullen Frost Bankers Inc. raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 34.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 802,929 shares of the exchange traded fund’s stock after purchasing an additional 205,962 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.2% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 15th largest position. Cullen Frost Bankers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $79,394,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Register Financial Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $28,000. Rosenberg Matthew Hamilton lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 8,825.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 353 shares during the period. Cherry Tree Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $44,000. Delos Wealth Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 365.0% in the third quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 365 shares during the period. Finally, JFS Wealth Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 287.3% in the third quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 385 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT traded up $0.55 during mid-day trading on Tuesday, reaching $90.74. The company’s stock had a trading volume of 30,509,375 shares, compared to its average volume of 43,429,281. The stock has a market cap of $46.72 billion, a P/E ratio of -7.14 and a beta of 0.39. The company’s fifty day simple moving average is $91.88 and its two-hundred day simple moving average is $92.78. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $105.52.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.3077 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.69 annualized dividend and a dividend yield of 4.07%.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.